MedEquip Corporate Profile

Medequip Biomedical: Equipped To Meet Your Patient Monitoring Needs

in 1996, Mike Balakonis and Mike Lipson founded MedEquip Biomedical, a worldwide, independent depot repair center and third-party provider of equipment and parts for patient monitoring. The two had an idea that would greatly increase the effi ciency of a certain kind of repair. They began repairing PCBs and modules for patient monitors. The program became popular immediately because it provided a cost-eff ective alternative to going to the OEM for repairs, "and it grew from there," Balakonis says.


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